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Toshiba Corp wins auditor sign-off, likely to have avoided delisting for now

Fri, Aug 11, 2017 - 5:50 AM

Satoshi Tsunakawa, president of Toshiba, speaking during a news conference in Tokyo on Thursday.

PHOTO: BLOOMBERG

Tokyo

TOSHIBA Corp has likely avoided immediate delisting after its auditor signed off on its financial results albeit with criticism of its governance, yet its future remains uncertain with no progress in talks to sell its chips unit for much-needed cash.